$BTC /USDT – Bitcoin Coiling for a Breakout đŸ””

$BTC is consolidating tightly at $108,680.63 (+0.18%), with price pinned between EMAs and showing signs of institutional defense. It’s sitting near the 24H high of $109,216. Light volume, but compression looks ready to snap.

📈 Long Setup:

Entry: $108,700 – $108,800

TP1: $109,216

TP2: $109,305

SL: $108,500

📉 Short Setup (if $108,126 fails):

Entry: Below $108,126 (with high volume)

TP: $107,733

SL: $108,400

Why I’m In:

Bitcoin’s stuck in one of the tightest 14-day Bollinger Band ranges in 18 months. This kind of coil often leads to a sharp move. With CME gaps and ETF flow shifts in play, I’m positioning early for a breakout.$BTC